
On October 25, 2011, Chang Zhenming, chairman of CITIC Group, held a banquet at the Capital Club to welcome Mr. Rustam Azimov, the First Deputy Prime Minister and Minister of Finance of Uzbekistan. Hong Bo, director of CITIC Group and chairman of CITIC Construction Co., Ltd., also accompanied them at the banquet.
During the banquet, both sides exchanged views on the projects (Uzbekistan Kungrad Soda Plant Project and Uzbekistan Potassic Fertilizer Processing Plant Project) CITIC Construction has executed in Uzbekistan. Chairman Chang Zhenming said he hopes both sides can expand their cooperation on project contracting and other financial trades on the basis of the existing cooperation. Deputy Prime Minister Rustam Azimov highly praised CITIC’s effective team. He said Uzbekistan is rich in raw materials and has huge market demands for relevant products, so there is a promising future for cooperation between the two sides. Mr. Rustam Azimov expressed his approval for more investments and constructions from CITIC Group in Uzbekistan.
The welcome banquet played an active role in further deepening the understanding between the Uzbekistan Government and CITIC Group, intensifying the relationship between the two sides, and developing a sound basis for further cooperations.